TD Cowen Upgrades Royal Caribbean Cruises (NYSE:RCL) to “Strong-Buy”

Royal Caribbean Cruises (NYSE:RCL) was upgraded by analysts at TD Cowen to a “strong-buy” rating in a research note issued on Tuesday, Zacks reports.

RCL has been the topic of several other reports. Freedom Capital cut Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Morgan Stanley upped their price objective on Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. BMO Capital Markets started coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They set an “outperform” rating and a $370.00 target price for the company. UBS Group reaffirmed a “buy” rating and set a $367.00 target price on shares of Royal Caribbean Cruises in a report on Monday, August 3rd. Finally, Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Trading Down 0.5%

Shares of NYSE:RCL opened at $258.51 on Tuesday. The company has a 50 day moving average of $293.18 and a 200-day moving average of $285.95. The firm has a market cap of $69.14 billion, a P/E ratio of 15.98, a P/E/G ratio of 0.93 and a beta of 1.74. Royal Caribbean Cruises has a twelve month low of $232.10 and a twelve month high of $356.39. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter last year, the business earned $4.38 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. As a group, analysts anticipate that Royal Caribbean Cruises will post 17.78 earnings per share for the current fiscal year.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Royal Caribbean Cruises

Large investors have recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. purchased a new position in Royal Caribbean Cruises during the 4th quarter worth approximately $26,000. IMG Wealth Management Inc. purchased a new stake in shares of Royal Caribbean Cruises in the first quarter valued at $27,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth $27,000. Quattro Advisors LLC acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth $27,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth $28,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.